HomeMy WebLinkAbout1575 i, T~ pf~o~ ~nd as~w~a~th ~P on tl~t bvtld~ naw a 1~?satw Wwq en wid Iwd and an ~II ~quipe~ ~nd V~b aewnd b1? MM ~or~'
p~ Mri111 ~ p/Mw~M~ IAM~On paW L1 ivil. 1ih k1WtMKy N 11~ ~~wl ~rd Peiicy for~ M• Wa~ ~PP~ae~d b~r NN MORiGAl3EE..Md wM~dNOeMI
Mw~aea In N» u~ud aandMr policy 1ae? t~ a wiw ~pp~owd b~ ~M MORTO~AOf~. i~ wcA oa~y a cow~paniN a~ 1~ MORi6A0EE
intq and ~II Hn aRd wind~wn~ Mww~na poNeiN aa ~n~? of ~ buildwp„ ~ MwnN M~nie+ w p~ 11~w1. h Nr aq~?~N w~w ~forNaW
a
~n ~woaM IMewf. sMN ooiuN~ HM u~w1 a«~dard narqp~ daw a wd~ ahM elwM N Nw Mo.tOp.~ a~? rw~irM. ~alMp N» b1~ unda ~d pWF
dw raeA .nd wrrt?. arab4 a wtd MOtTGA~iEE ~n Lwr.a n~? ~nd ..d+ aed w..y wci~ polky ~IwN b. p?c~ph as_pn~d .nd d.~iw..d a
anr IMW by s~W MORTGAGEE. M twshn Kc~ity a tMd n~orq+pi d~b4 M+d~ ~ IMS ~n Nn (IQl da~rs N adv~na of tM txpiwtan of ~sd~ Pak11. b d?
IivM to ~aid MORTGAGEE a ~~w~t MMr~o1. toONMr vriM ~ naipt tor tl» phn~iww oi s~rd~ ~~wali and ~Mn sMll b~ no fir~ a wfnd~t«~n ierw«+a
pl+ad on +n~r d f+td build~w~. +~w M~»..N ~Mr.in or p«~ dw..of. unf~a ~n ~h. fonw aR+d wirA N~. ba pay.bb ~•to?.~.+d~ «+d in Na .r«w an~r wi.
~~Y ~oomN pa~ w~ weh poUey or polieiu ~+id MORTGAGEE ~MII h~w ~ option a nai~ .nd ~pptr. rM sa~ an aoeaMl of tM Ind~bhe{~
n~ aevr.d h~nbp a a p.rmU utd MORTGAGORS a r.ai~r. ~nd u» h a aoy p..~ ~Mr.of fw other pwpos~~, withwt ~lwreb/ waivi~y or wr~ia
~^Y +~Y ~h. 1'Nn a?ipht ~reKl~r a by virhw of t!~ mat~p~t ~d in IM ~wn1 uid MORTW~GORS sMll fa any hason (~il W kNp th~ s~id pnenbN w
kaw~d. a faq b d~v~ P~~Wh? ~+t? d satd polict~ of ~aurana w wtd 1NORIGAGEE. w t,~i wo*w~h~ b ar w~h? +~r a«~ N+•r.for a tn an~r
nrp~tl f~il w prlorn~ ~CMrpR, ~~arl~ ~H~ct. compb?a. oon+P~Y wiTh ~nd ~bW~ b~r thl~ oownaM. or M+y part I+K~oI. s~id MORTGAGEE ~y plap ~nd
WY for wd~ YNwM+a at any parf MM~o( withouf wahriep a~ff~ctinp any cWion. ~f~A. puttY. o~ tipM w~dK ar by vi.fw of tNs N~ort~p~. ~nd th~
h,l1 anauea ot .ad~ M+d ewnr ,uch paym.m ~h.tl b. N~t.f~ly du~ a~d pr~ and sh.tl b.,r zn~.u han ~h. d.a ~IKr.d umil paid M. ~n. ol
nH+. pN aMwn p~r arrwm and 1op~rM. wiM wch intu~u ah~ll b. a~cw~d by Hw G.n of ti~t nwrpap~.
1. To P~rm1t, aannit a wffv no waqe, imp~ a det~riontion of said propKt~r a~ny pa~f tMrwf. .
S. To p~y tll and ~pvla? tM ooats cb~np~a ~nd ~xp~n~„ inclvdinp a rssw~abM attonwy's f~ and oo~tt of abat~acta of tifl~, incwrd w F»id ~t
+~y tirr,e bp ~aW MOttTGACsE~. Mcaust a in tlr ~wnt d tM f~ilws on ths pkt of th~ said MO~tTGACOR a duly. PromWtY and fu1M P~rfomn. d~sd+ary~
exec~t~. ~ff~ct. oomplN~. complr wit6 M+d abid~ by sxh :rd ~wry t!?~ ~tiP~rl+~~wq. +prMn~anh, corditioia. and coveoan~s of ssid
~uiy or ~itl~. and said ooas. ch~ryes and acpN?~ea, ~ad~ and wery, slwll b~ hw~edia p'omisswy e~oM and t!~&
mandy •rnmPt w aolkct or wN p~eJi~ and th~ fvll a~noum of sad+ and rwry wch prymem s~h. b~a. inte~iestbfrom th~t dat~ N~aeof unNl DO11c~ d?
p.W at ~he
r~t~ of ~in~ pe? ce~twn per ~rrwr~ uid all s~id ewts. dw~s and sxpaws inarrr~d ar paW, toy~tt~ with a~xh Inte~es4 s1~11 b~ aewred by tM lan of tha
e++a~tasy~.
6. Thet fa~ in th~ wtnt of ~y 1x~ad~ of Nds Matyape w defa~lt on tlr part of tM MORTCaAGOR, w(b) in Me went ~ny of faid swns of ~
henin r~hn~d to b~ oot promptly and f~ly p~id within tFwty (30) days evx~ afte? tM sam~ s~ver~lty becane due and payable, wrUhow dNrund or ratip
a(d in t!K ewM each and e,rery tl+~ sti~wlatio~a. +yr~ms. oondiYaro and cove~anb of ~a~d promissory not~ u~d th:s ma~p~e u~y or ~ither an no1
ivh. P~P~h? +~d fulh Pe~forrMd. discharQed, ~xewnd, ~ffected oompl~t~d. compli~d with and ~bided by. tMn ie eithe~ or any sucA w~M t1w s~id ~g
O.ayaa .we m~ntioned in said promissoryr ~wre rha~ nrrwinwg w~pafd, w;tk Inre.esr .arwd, and .u moneys secvred he?ebr. shax beeo~n. dw aed p.y.
able fonhwitA, or thersafter. at ~hs option of sid MORiGAGEE, a fully ~nd canpl~~~ly as H all of th~ said wms of mor.er were oci~ins~ly stipulated '
ro b~ paid on wch d~Y. an1l11w+~ in said promissory not~ or in th& Morp~ to t!r oontrary notwithstanding: and thereupa~ w lhereafier a1 th~ opYwn of .
~aid MORTGAGfE, without notia w denw~d, wit ~ law or in pvily, tlwrdot~ or tt~~after bepun, may be prosacvted as if all mwieys s~cwad hsrebr
had m.tw.d prior ro in +~atihnion.
7. ihaf in th~ weM th~1 at tM beyin~i~g of a ~i a~ tim~ pMdinp sny wif upoo this Matgay~, or w forcclost h, o~ ro?efonn H. or 1o Mfwo~
paym~nt of ury dalms l~eunder, said N10RTGAGEE sh~ll sppy to the Cairt Aavirg ~urisd~ction lhereof fw ths appoietment of a Receivs?, wch Cowt ~II
fo.-thwith appoint a.noriwr of said mwlpa9ed property all and sinpvlx, indudag all and singular the i~come. profits, iswes and-nvenues from whatwer
sowa daiwd each and svery of which. N be7^o ~~epreulY ~ndsrstood, is hc~reby mortg~ged ss if specifically set forth and. dsscr~ad in tlk ~snY u~d
iwb~ndurn d+uses I+ereof. and wch ReoeivK sh~tl haw ~II tM broad and efiectiw fimct~ons arvd powen in ~nywiss entruated by ~ Cou~t to a Raceiw~i. and
such ~ppointe~eru ah~lt be made by wch Cowt ~s ~n adnwHed equiry snd a miner of absdure ripht ro said A10RiG/IGE~ ~nd wirhout ~eference ro t!»
adcqwcp a~nsdeqwcy of ihe valw of th~ property matp~p~d or to the solvee~cy or insolven~y oi s+id MORTGAGOR ow the defenda+~ts, and that wd~
renta. profits, intome. issws ~nd revarw+es th~ll be appli~.: by wch Raceivnr acaord'ag !o the lien w puity of aaid MORTGAGEE and the pt~ctitt of such
Court. . .
8. To dvlY. P?~P?h ~~Y P~. exscute effect, oomplete, comply with ~nd abkM by ach ~d Me ~t tiorq„
ca+~tbm and aoven~nts in ssid pramissay not~ a~d this mort9sg~ set forth. ~9~~1s.
9. That in ths eve~t the ownsnh3p of the mortgaQed premises. os sny put N+ereof, beoanes vested in • pKton other ~ than the MORTGAGOR, tl»
ARORTGAt'iEQ its scrocesfo~s and au'g% rt~y, wiflw~rt notiu to tM M4RTGAOR, desl with such wocessor w suuessor in interest wi~h referenoe fo this
mwtp~ and the debt hareby sacixed in tM same mamer a with Mortyspor without in u+y w~y viY~stag or dischuging tl+s Allwty~gors• liabiliry !wr -
under ot ~pon the debt hereby seaxed. No s~le of tha premises lweby mortgaped and rw forbearanca on the paa of the MORTGACaEE a iri successon
a+stigns and no extension of the time f« the payment of the debt heroby secwed y~iven Dy the MORTGAGEf w its s~ccessors or assipns. shall operat~
~ to rekase, discMr~e. nad'fy cFwge or affed the wgin~l IisbiGty of tM MORTGAGOR hsr~in, atMr in whde o? in put. ~
10. It is aplcifically agresd M~at time ia of tha essence of this coMr~ct ~nd that ao wsivar of any obligatian hereunder or of tM oWigatia+ se-
cur~d Mreby shall at any tLne tF~e?eafter be held to be i wsiver of tM terms hereof w of the irotrume~t secv~ed herby.
11. In add~ian to Mrc fwego:n9 ~+t~N Par~+a of winc:psl and imemr req~ved by rhe promissory nore secured F~erebr. mortgagor oovenanfs
and ~yrees to pay ro mortgsges with each monthlY paYment ~n add;tionil sum est~msteel by mongagee ro be equal w 1/12 of the amual cost of the follow-
ing:
A-All real property uxes Iwied w auessed agsinst the sbove desuibed real estate. - -
B-Premi~ms on fire and windstorm inswanoe u herein requ~red to be p~ried on tl+e irr~xovements sitvste on the ~bove drwibed premises.
~r~'^"'~ a^ ~^'~9+9~ 9wr~h? inwr+nte +s mo~ga4ee sh~ll froen Gme to time deem fit to uny on the ioan secwed hereby
Mwfgagee shstl from time to tune ratify mortgagw in writing of the smount due and psyable i~ereunder and auch wm ihsll thereupon be due and
paYable on tbe due date of the next monthlY payment and each svcoessivs month thereafter~ ~ntil mo~tyagee shatl notify mortgagw of a change in wch
amow~t. Such wms shall be ~pplied by mort9~qce towud the p~yment of real property tsxes, iaw?aoce prcm;um~, and mort9age 9v+r+^tY ~+~wrance
p+emiuma. - • .
IN NESS WNEREOF, the s~id MORTGJIGOR has herevmo set his hand and seal ths day and yeat first afw
S~ ~i16d an i • pre~aeos o~ ~
~
~
~
nn o
STATE OF fLORIDA ~
St. LnCi~ ~ '
courrnr oF .
~ ~,~„~iy Jsra~os R. Johason .
~
JO Aon Johnson t,;. r,,;re, to r~e we~t know~ ~~d t~n to me to bs
+I+s &~rvidwb desa+'bed in and who ea.cut~d th~ forepoi.p irutrurn~nt, and ~dmowledyed b..fon me that tl~sy t:ea,ted rhs sam~ for ths qxpo~aes
r?b,ei, .xp.s,~d. n~a th. ¦•:d Jo Ann JeLn.aon
w~. ot ~a JaaQS R. JOhnaon ~ • ,~,.m .,,d
examin~tion by ms takeo sepsrste sod apart from Mr said lw~b+ed. ~ckrwwlad~ad w and b~fore ma th~t sh~ executad said irotrument, 6~ety and votur~
rarily and witlavt +r?Y comPi+l~ion, taut~~iM, appr~F~qioq. a far of a from hr said husba~d.
1AlITNE55 my hand and offici~l awl thk ~~r '~l. .11~D~ 7O
/1. O. 19
FtLEB ~ND RECOl~~ED . .
• sT. L~lE COUNTY. f~• r,w.ry ~«,a r rh. s~.a ot ~~d. a~.ro.
Rafwn Ta. R~COPp~~~ ~+?Y ~on expiras:
Fuu f~dv~) Savin~ 3 losn Assowtion ~ ~ ~a~a Of flo~1~i
or ~ P~a. y ?5.~19fl
P;~a. F~~ 3 0 AM 10 : 2 t~r w..
~ . . -i... .:t.. , _
~R POITRAS ; .
n . ,~...c~c.~~r,~~~~ .
This Instrument Prepard ~~TK~~~ . ~ ' -
First Federal Savings 3 Loan~Ml~~6ci ~ tion _
• of Fort Piercei ttlor~cb? .f:' ~ : ' ;
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cn~ed ey L`~ ~ . ; _ '
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